Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power

Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining PowerOn April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single watt-hour (Wh) of Bitriver’s power in Bratsk. A Low-Carbon Crypto Mining Token […]

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Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’

Russian Crypto Mining Companies Are Expanding Their Capacity as the Country Becomes a 'Preferred Hotspot' for Foreign MinersCrypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope With the High Demand According to Igor Runets, […]

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Massive 70 MW Bitcoin Mining Rig Shipped to Russia

Massive 70 MW-Rig Shipped to Russia Could Power Three Months of Crypto Mining Operations to Entire CountryBig moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power […]

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